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Recommendation of 6 September 2006

Poongsan Corporation

Revised National Budget: More funding for low-threshold measures in mental health and substance abuse care

In its proposal for the revised 2023 National Budget, the Norwegian Government will allocate NOK 53 million to strengthen four grant schemes for low-threshold measures in the area of mental health and substance abuse care.

Recommendation on the exclusion of the company Serco Group Plc.

The company is recommended for exclusion because of its involvement in the production of nuclear weapons.

Recommendation on exclusion of the company GenCorp Inc.

The company is excluded because of its production of key components for nuclear weapons.

Revised strategy for combating work-related crime

Work-related crime is a growing challenge involving serious consequences both for workers and undertakings and for society as a whole. The government presented its revised strategy for combating work-related crime February 13th 2017.

Meld. St. 27 (2012-2013) - The Management of the Government Pension Fund in 2012

Recommendation to reverse the exclusion of DRD Gold

According to point 4.6 of the Ethical Guidelines, the Council ”shall review on a regular basis whether the reasons for exclusion still apply and may against the background of new information recommend that the Ministry of Finance reverse a decision

Recommendation to reverse the exclusion of Thales SA

The Council recommends that Thales SA no longer be excluded from the investment universe of the Government Pension Fund - Global.

Revised state budget: Ombudsman for the Elderly to close

The government has announced in its revised state budget that it intends to dissolve Ombudsman for the Elderly (Eldreombodet) as of 1 July 2023. As a result, the budget also proposes a NOK 1 million reduction to the service’s grant for the current

Revised state budget: Government launches new public health campaign focusing on mental health

The government wants to boost mental public health. This is why ‘ABC For Good Mental Health - A Public Health Campaign’ is being launched. Its goal is to increase public knowledge about mental health, promote good mental health and prevent mental

Revised state budget: Health and Social Services Ombudsman to be bolstered

The government is bolstering the budget of the Health and Social Services Ombudsman in its revised state budget. This will enable it to continue serving patients and healthcare users throughout Norway.

Resource rent tax on aquaculture

The Government is proposing to introduce a resource rent tax on aquaculture from 1 January 2023. This proposal will be sent out for consultation today. Following the consultation, the Government will return to the Storting with a bill that will

Increased resource rent tax on hydropower

The Government is proposing to increase the effective resource rent tax rate on hydropower from 37 per cent to 45 per cent, with effect from the 2022 fiscal year.

Report on long term perspectives for the Government Pension Fund Global submitted by committee

Today, a committee that has been reviewing long term perspectives for the Government Pension Fund Global (GPFG) submitted its report, NOU 2022: 12 The Fund in a changing world, to the Ministry of Finance. The committee was chaired by Ulf Sverdrup,

The EU Commission recommends negotiations of an agreement between Norway and the EU to hinder VAT fraud

The Commission adopted 26 April 2022 a recommendation to the Council to re-open negotiations of the agreement between Norway and the EU concerning administrative cooperation in the field of VAT. The purpose of the agreement is to combat

Revised National Budget: Sound economic governance

The Norwegian economy is unusually strong and employment is at a record low. At the same time, however, Omicron, high electricity prices and war in Europe have necessitated unforeseen financial allocations. In the Revised Budget, the government has

The Revised National Budget: Government proposes record-high aid budget of NOK 44.9 billion

‘The war in Ukraine is having impacts across the globe. The number of people who have been displaced is rising and more people than ever before do not have enough to eat. The Government is proposing an increase of NOK 3.6 billion in the aid budget,

Meld. St. 30 (2012-2013) - Financial Markets Report 2012

Management Provisions

The framework for the Government Pension Fund and the management of fund assets are laid down by Act of Parliament and guidelines with supplementary provisions.

The Norwegian Fiscal Policy Framework

The Government Pension Fund Global and the fiscal rule have since 2001 set out the plan for the phasing-in of petroleum income and investment returns to the Norwegian economy. The Government Pension Fund Act stipulates that the State’s net cash flow